I not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding
I have been investing since 1994; and got first into stock trading. However; after 2007, and especially when there were more funds available after 2011; it opened up the possibility to take advantage of fast/big drops, or trade of commodities; through a derivative fund. Even if they go against you; the prospectus and history charts allow investors to make decisions on whether historic contango/
In a free market it should be up to the individual investor not some back office bureaucrat trying to corner off the market for his wealthy elitist friends.
Leverage funds allow young investors to use leverage in a much easier way than to go through traditional means of leverage.
Stop doing favors for your wealthy friends, by cutting the market off from regular investors.
There are several trading instruments including futures and options. There are as or even more risky than leveraged ETFs. Investors and traders have to be in charge of risk there are taking. If someone wants to improve financial education, do it at school. Let investors think themselves as responsible adults.
Please do not limit/restrict my and other investors' access to L&I Funds or disqualify us from trading L&I Funds or other "complex products".
I do have a strong understanding of the characteristics and risks of L&I Funds, and that understand that their purpose is
for short-term active trading, and that they should be monitored
I should be able to choose what investments are right for my portfolio. Stop your communist takeover of my freedoms. Leave your stinking filthy evil corrupt hands off of our freedoms to choose. For the sheep you shepherd (i.e. the useful idiots) it may be ok for you to call the shots on what belongs in their investment portfolios but its not ok for us freedom loving Americans. Stop your
I am writing regarding FINRA restriction of my use of leveraged funds. I have successfully used leveraged funds [including SSO, TQQQ, SQQQ, USO, LABU, TECL, TECS, and others] in limited size positions to protect my portfolio or for special market conditions over the last 3 years. Given my already demonstrated management of these and other stock/etf investments in some of the historically most
I strongly oppose any & all restrictions that preclude me from investing in Leverage or Inverse Funds.
I have invested in such funds for many years and it is my choice whether to assume this risk.
Its my money, let me invest it how I want. Leverage funds are good for trading.